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Wealth Creation
WE WANT TO AMASS WEALTH
Wealth may mean different things to different people. To some it may mean achieving financial independence, to others boosting their net worth and so on. Often we keep wondering “What’s the best way to create wealth” or “What is it that would make us rich”.
Wait there’s a difference between the two. Sounds Crazy? But that’s the reality. Being rich means having more money but being wealthy means having sustainable wealth.
The problem is after paying for day-to-day needs and other utilities, not much is left to save for tomorrow and you fear that you might even miss out on your today. Isn’t it? But just take a moment to see what you have been spending on and you may find that most of it wasn’t really important to you.
You might have heard "Get Rich quick"
but not "Get Wealthy Quickly".
SAME GOAL WITH VARYING FOCUS IS IT YOUR WAY ?
In this “Get Rich Quick” mission we all have one goal which is to “Make the most out of our Money”. And the primary benchmark of success in this mission is “Best Returns”.
Every asset class has a cycle wherein it goes up, reaches a peak and sees a correction. With every fall in this cycle, focus of the investor varies thinking ” That was a mistake, it’s right this time”.
Stop chasing the best as it keeps changing Focus on what matters & make things happen!!
WEALTH CREATION IS NOT A SMOOTH RIDE
It’s amazing to see people amassing wealth through investing and it seems really simple to do so. Indeed it’s SIMPLE NOT EASY. Our natural tendency of looking for patterns, comparing things or seeking safest options are some of the biggest hindrances in wealth creation.
People who stay calm and composed when everyone around them is freaking out are the ones who create wealth.
Money, IQ or markets don't define your Investing Success; It's only you who defines it!!
TO CREATE WEALTH SEND YOUR MONEY ON VACATION
Wealth gets created in the long run and we know it all. Once we invest “ALL WE THINK ABOUT IS MONEY”!! Why it is not performing… How to multiply it… Would I lose it all…. Is it safe or not… And no matter how hard we try to find answers to these questions, all we get is lots of sleepless nights.
Send your money on vacation and forget it. Wealth is not created in minutes or months or in a year or two, it takes a decade or two.
Let the money work for you!!
PROFIT MAKING AND WEALTH CREATION ARE POLES APART
Being Rich is temporary, Being Wealthy is permanent!!
KEY TO WEALTH CREATION
Start Saving
Stay Simple
Thing Long
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Aaditya Chhajed
Financial Services
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